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Thursday, February 14, 2013

USA Employment Trends Index Near Post-Recession High

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The Conference Board: Employment Trends Index

(The Conference Board) "The Conference Board Employment Trends Index (ETI) edged down in January. The index now stands at 109.38, down from 109.47 in December. The January figure is 2.7 percent higher than a year ago."

Employment Trends Index by Month

“Despite the dip in January, the Employment Trends Index continues to signal a moderate improvement in the labor market,” said Gad Levanon, Director of Macroeconomic Research at The Conference Board. “However, employment growth has outpaced economic growth in recent months, and the ETI suggests that this rapid pace of improvement in hiring may not continue in the coming months.”

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